Mortgage-default research and the recent foreclosure crisis
This article reviews the surge in research on mortgage default inspired by the recent
foreclosure crisis. Economists already understood a great deal about default, both …
foreclosure crisis. Economists already understood a great deal about default, both …
Foreclosures, house prices, and the real economy
From 2007 to 2009, states without a judicial requirement for foreclosures were twice as likely
to foreclose on delinquent homeowners. Analysis of borders of states with differing …
to foreclose on delinquent homeowners. Analysis of borders of states with differing …
Mortgage market design
JY Campbell - Review of finance, 2013 - academic.oup.com
This article explores the causes and consequences of cross-country variation in mortgage
market structure. It draws on insights from several fields: urban economics, asset pricing …
market structure. It draws on insights from several fields: urban economics, asset pricing …
Foreclosure externalities: New evidence
Policy makers have used externalities to justify government intervention in the foreclosure
process. Using a new dataset that covers 15 of the largest metropolitan statistical areas in …
process. Using a new dataset that covers 15 of the largest metropolitan statistical areas in …
Consumer ruthlessness and mortgage default during the 2007 to 2009 housing bust
From 2007 to 2009 US house prices plunged and mortgage defaults surged. While
ostensibly consistent with widespread “ruthless default,” analysis of detailed mortgage and …
ostensibly consistent with widespread “ruthless default,” analysis of detailed mortgage and …
Default risk drivers in shipping bank loans
MG Kavussanos, DA Tsouknidis - Transportation Research Part E: Logistics …, 2016 - Elsevier
This paper proposes a credit scoring model for the empirical assessment of default risk
drivers of shipping bank loans. A unique dataset, consisting of the credit portfolio of a ship …
drivers of shipping bank loans. A unique dataset, consisting of the credit portfolio of a ship …
Modelling and forecasting mortgage delinquency and foreclosure in the UK.
J Aron, J Muellbauer - Journal of Urban Economics, 2016 - Elsevier
In the absence of micro-data in the public domain, new aggregate models for the UK's
mortgage repossessions and arrears are estimated using quarterly data over 1983–2014 …
mortgage repossessions and arrears are estimated using quarterly data over 1983–2014 …
Determinants of mortgage default and consumer credit use: the effects of foreclosure laws and foreclosure delays
The mortgage default decision is part of a complex household credit management problem.
We examine how factors affecting mortgage default spill over to other credit markets. As …
We examine how factors affecting mortgage default spill over to other credit markets. As …
US housing policy
EO Olsen, JE Zabel - Handbook of regional and urban economics, 2015 - Elsevier
Governments throughout the world intervene heavily in housing markets, and most have
multiple policies to pursue multiple goals. This chapter deals with two of the largest types of …
multiple policies to pursue multiple goals. This chapter deals with two of the largest types of …
Financially constrained mortgage servicers
DJ Aiello - Journal of Financial Economics, 2022 - Elsevier
Financially constrained mortgage servicers destroyed substantial MBS investor value during
the financial crisis through their management of delinquent mortgages. Servicers advance to …
the financial crisis through their management of delinquent mortgages. Servicers advance to …